Market Research

The U.S. Coast Guard is continuing to conduct market research for the Offshore Patrol Cutter acquisition. The Coast Guard invites U. S. shipyards to participate in one on one meetings with the OPC Project (FAR 15.201(c)(4)). At this time, the Coast Guard is interested in meeting with U.S. shipyards that have the organic capability to construct a cutter of the OPC’s size and complexity. These meetings will be held in Washington, DC, and are tentatively planned to begin in mid-August. The Coast Guard will review various acquisition strategies under consideration for ship construction and review OPC top level requirements. U.S. Shipyards that previously participated in the May 2009 one-on-one meetings with the Coast Guard do not need to respond and will be automatically invited. Other U.S. shipyards that meet our criteria should indicate their interest and primary contact point by email to the Contracting Officer, Mr. Carl. McGill, at carl.e.mcgill@uscg.mil prior to August 1, 2010.

New market research report on the oil tanker market 2012 – 2022 available from 'Reportlinker'
Information contained is as follows:
Global oil trade is very much dependent on oil tankers for the transportation of crude oil as well as refined petroleum products. In the last quarter of 2011 oil demand fell for the first time since 2008/2009. With a stronger outlook for the global economy over the forecast period, Visiongain expects oil demand growth will increase.

GL Garrad Hassan has appointed Mr Rajsekhar Budhavarapu as the new Country Manager of GL Garrad Hassan India. Mr Budhavarapu will be based in Bangalore, India and will develop local services and support for designers, manufacturers, developers and investors of renewable energy projects.
Budhavarapu has 19 years of experience providing technical, operational and strategic leadership for the renewable energy industry. Before joining GL Garrad Hassan he worked for TERI

Thrustmaster of Texas, Inc., one of the world’s leading manufacturers of marine propulsion systems, announces new personnel additions. Jeff Miller, who joins the company as marketing manager, has over 25 years in marketing communications, including 15 in the oil and gas, manufacturing, and offshore sectors. Miller will be responsible for market research, advertising, public relations, and all other marketing-related activities for Thrustmaster

Freight rates are set to rise across all dry bulk carrier segments as the global economic recovery gains momentum, ending the sector’s most bearish run since the start of the economic crisis in 2008/2009, according to Newport Shipping’s 'Dry Bulk Market Outlook 2014 Q2'.
Seaborne trade in bulk commodities is expected to pick up after almost two years of slow to moderate economic growth to almost 9% this year

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, continued its slide on Monday, hitting a new near-three decade low as rates for all four vessel segments fell.
The overall index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry bulk transport vessels, was down 18 points, or 2.96 percent, at 590 points, the lowest since August 1986.

Qatar is becoming a goldmine for Korean shipbuilders as the top three companies won orders for liquefied natural gas (LNG) tankers worth $7 billion.
Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries have won combined orders of 34 LNG tankers since 2004. The shipbuilders are hoping to share another 10 orders, when they are commissioned next month.
The LNG carriers are high-yield orders

The first order for UEC50LSH-Eco low-speed marine diesel engine being developed by Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME), a group company of Mitsubishi Heavy Industries, Ltd., was placed with Kobe Diesel Co., Ltd., a licensee of Mitsubishi UE engine technology located in Hyogo, Japan. The advanced low-fuel-consumption engine will ensure high efficiency even during slow steaming, and will be installed on a 35k chemical tanker being built by Shin Kurushima

Dokuz Eylul University Maritime Faculty, Turkey has conducted a study to develop a new "East Mediterranean Container Terminal" in Mersin International Port (MIP) using Transas Simulation solutions.
Yapı Proje Uygulama (YPU) that manage construction project of new container terminal chose the Dokuz Eylul University Maritime Faculty for this project after a comprehensive market research. Vice President of YPU Mr

An updated IBISWorld market research report reveals opportunities for growth in Australian port trades.
According to IBISWorld industry analyst Caroline Finch, “IBISWorld forecasts compound annual revenue growth of 2.3% over the five years through 2012-13”. In the current year, the industry is expected to grow 7.0% to reach $3.39 billion.
The report indicates that atrong growth in the value of total merchandise trade has been the primary driver behind the Port Operators

Looking ahead to 2020 and beyond, both maritime and inland waterways will be under ever increasing pressure, as we use them for transport, recreation and commercially. At European Shipping week, Dr Pierre C. Sames, Chairman of the European Research Association and Director of Maritime

Marine lubricants market's revenue is set to grow at a CAGR of 6.13% during the forecast period, eventually reaching a value of US$9.36 billion by the end of 2018.
With regard to volume, the market totaled 2,272.6 kilo tons in 2011 and is expected to rise to 2,852

Mitsubishi Heavy Industries, Ltd. (MHI) will reorganize its research and development structure.
The reorganization initiative calls for the creation of a new Research & Development Center consolidating the five currently existing Research & Development Centers

TNO and Imtech Marine have signed an agreement expressing intent to work together on research and development projects. The signing took place on January 21 at Imtech Marine in Rotterdam.
TNO and Imtech have joined forces many times over the years and see possibilities to further

The U.S. Treasury Department, Office of Foreign Assets Control (OFAC) and the U.S. Department of Commerce Bureau of Industry and Security (BIS) has publish revised Cuba sanctions regulations opening trade with Cuba for the first time in decades

The Panama Canal Authority (ACP) signed a cooperation agreement with the Port of Lake Charles in Louisiana earlier this week, which aims to attract new customers from the liquefied natural gas (LNG) industry; a strategy that builds upon the advantages that the expanded Canal will offer

Agreement meant to capitalize Canal expansion while attracting new LNG customers.
The Panama Canal Authority (ACP) signed a cooperation agreement with the Port of Lake Charles in Louisiana earlier this week, which aims to attract new customers from the liquefied natural gas (LNG)

ARENA’s Research and Development (R&D) program supports R&D projects that will advance the commercial deployment of renewable energy technology in Australia.
ARENA is providing $21.5 million funding for 12 cutting edge projects through the first round of the R&D program

ExxonMobil has signed an agreement to become a founding member of the MIT Energy Initiative (MITEI), a unique collaboration aimed at working together to advance and explore the future of energy. MIT President Rafael Reif and TJ Wojnar, Jr

GLEAMS Project concludes that Glycerine is a viable, clean, alternative marine fuel
After a year of intense activity, Marine South East’s GLEAMS (Glycerine Fuel for Marine Sustainability) project has concluded that Glycerine is a viable, exceptionally clean alternative marine fuel.

ARENA is providing $360,000 to Bioenergy Australia to help shape the global research and knowledge agenda for the developing bioenergy industry.
The funding will enable Bioenergy Australia to extend its participation in the International Energy Agency’s Bioenergy program.

Clarkson Capital Markets, the investment banking arm of shipping services group Clarkson PLC, says it has enhanced its equity research coverage with the appointment of Omar Nokta as Managing Director of Shipping Research. Omar will be based in CCM's New York office.

Canada’s NRC creating solutions for the growing Canadian shipbuilding, military vessels, marine commercial transportation and offshore resource industries
As marine experts gather for the Ocean’s 14 conference in St. John’s Newfoundland

Working with the Manufacturing Advisory Service (MAS) and consultant Ade Walton from Prozeus, Tyne and Wear Marine (TWM) has spent the last year developing the Bollard Load Test (BLT), which uses a powerful hydraulic ram and specialist torque rope to recreate more than 100 metric tons of